310 Sorensen Drive
PO Box 498
Chamberlain, SD 57325
Office 605.234.4214
Mobile 605.730.4214
Fax 866.399.5622


310 Sorensen Drive
PO Box 498
Chamberlain, SD 57325
 

Lyman County, SD Land Auction

Monday, January 6, 2020

Auction Location:  Vivian Fire Hall, 112 S Main Ave, Vivian, SD

Owners: Leanne Abdnor & Lynne Barnett

Auctioneer’s Note: Peterson Land & Auction is proud to represent two excellent pieces of agricultural property in south central South Dakota just a short distance from Vivian, SD.  Buying opportunities to the public are rare in this area so don’t miss out! Each parcel is different from the other but each have positive attributes and are well suited to any number of potential buyers!  Come prepared to buy! Remember…Only at Auction!

Visit petersonlandauction.com for auction information, photos, videos, and maps!

Property Location(s):Tract 1: Exit I-90 #212 at Vivian/Pierre (US 83/SD 53), South 4.5 miles on SD Hwy 53.  The property is on both sides of the highway. Tract 2: I-90 Exit #212 at Vivian/Pierre (US 83/SD 53), South 10.5 miles on SD Hwy 53/292ndAve.  The property is on the east side of the road.Signs designate the property.  Inspect the property on your own-from the road.  For a private showing of the property, contact our office. 

Legal Descriptions:

Tract 1:  Lots One (1) and Two (2) and the South Half of the Northeast Quarter (S ½ NE ¼), except Road, and except Lot H-1 of Section Five (5) in Township One Hundred Four North (T104N), Range Seventy Nine West (R79W) of the Fifth Principal Meridian, Lyman County, South Dakota 
148.77 +/- acres.  Tract 1 includes 79.09 +/- tillable acres with 41.93 acres east of the road and 37.16 acres west of the road, 49.37 +/- acres of grass/hay land east of the road and 31.35 +/- acres grass/hay land west of the road.  Approximately 23 acres of pasture on the west side of the road is not fenced out from the adjoining land to the south.  The overall productivity index is 48. Excellent access is provided by SD Highway 53-which runs through the center of the property and is a very short distance from an Interstate 90 exit.  Tract 1 is not under lease and will be available for the 2020 crop year.  This parcel will be offered as a single, whole tract.  R.E. Taxes:  

Tract 2:  Southwest Quarter (SW ¼) of Section Thirty-three (33) in Township One Hundred Four North (T104N), Range Seventy Nine West (R79W) of the Fifth Principal Meridian, Lyman County, South Dakota. 160 +/- acres.  Tract 2 includes 150.73 +/- acres of tillable land with 6.51 +/- acres of waterway and low area and the remaining balance in ROW.  Tract 2 is an eye-appealing, level to gently rolling piece of property with a powerful soil profile and features a Productivity Index of 80 with 96% of the tract made up of two soil types! Easily accessed by 292ndAve along the entire west boundary, this land has excellent attributes and should be highly sought after!   Tract 2 sells subject to the current lease-which expires March 1, 2021.  The purchaser has the option to buy out the tenant for the 2020 crop year or continue with the existing lease.  The current tenant has planted winter wheat on the property.  Contact our office for details. This property will be offered as a single tract.  R.E. Taxes:  

Terms:  A 15% non-refundable earnest money deposit along with a signed purchase agreement will be required the day of the auction. The balance of the purchase price will be due in full, certified funds at closing on or before February 18, 2020 at Titles of Dakota, Kennebec, SD. The Seller will pay 2019 R.E. taxes due and payable in 2020. Buyer is responsible for subsequent R.E. taxes. Title Insurance and closing service fee will be divided equally between Buyer and Seller. Information on this property was obtained from the Lyman County governmental offices, USDA Farm Service Agency and USDA Natural Resources Conservation Service. This information is deemed reliable but is not guaranteed by the Seller or Peterson Land & Auction LLC who is representing the Seller only in this transaction. Property will be sold subject to seller confirmation. No buyer contingencies of any kind are offered nor will any be accepted. Please have financial arrangements secured prior to bidding. The property will be sold in “As-is” condition-No warranty is made as to property boundaries, soil productivity, water supply or environmental hazards. Please inspect the property to the extent deemed necessary and rely on your own judgment when bidding. Do your own research both onsite and offsite. Announcements made day of auction take precedence over printed material or prior representations.